I think there will always be some volatility. You can program elasticity all you want, but unless you tweak it on a daily basis like Google does its algorithms, you're not going to get a perfect currency. As smart as the Fed is about monetary policy, we still have periods of high unemployment, high inflation, and recessions. That said, I do agree that stability and elasticity are two values that make sense for programming money in a way that might induce more adoption.
You are viewing a single comment's thread from: